Notice of Results

RNS Number : 6892L

Residential Secure Income PLC

17 May 2022

 

17 May 2022

Residential Secure Income plc

("ReSI plc" or the "Company")

Notice of Interim Results for the six months to 31 March 2022

Residential Secure Income plc (ReSI plc) (LSE: RESI), which invests in independent retirement living and shared ownership to deliver secure, inflation-linked returns , is pleased to confirm that it will announce its interim results for the six-months ending 31 March 2022, on Tuesday 24 May 2022 at 7:00am (BST).

The management team will host a live Zoom webinar and question and answer session for investors and analysts at 09:00am (BST) on Tuesday 24 May 2022.

We encourage investors and analysts to pre-register in advance via this link .

The interim results announcement, Interim Report and the accompanying presentation will be made available on the ReSI plc website, on the day: www.resi-reit.com .

A replay will be available after the meeting.

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For further information, please contact:

Gresham House Real Estate Ben Fry Brandon Holloway	[phone]
Jefferies International Limited Stuart Klein Tom Yeadon	[phone]
KL Communications Charles Gorman Charlotte Francis Millie Steyn	[e-mail] [phone]

About ReSI plc

Residential Secure Income plc ("ReSI plc" LSE: RESI) is a real estate investment trust (REIT) focused on delivering secure, inflation-linked returns with a focus on two resident sub-sectors in UK residential - independent retirement rentals and shared ownership - underpinned by an ageing demographic and untapped and strong demand for affordable home ownership.

ReSI plc targets a secure, long-dated, inflation-linked dividend of 5.16 pence per share p.a.¹ (paid quarterly) and a total return in excess of 8.0% per annum. As at 31 December 2021, including committed acquisitions, ReSI plc's portfolio  comprises 3,050 properties, with an (unaudited) IFRS fair value of £351m².

ReSI plc's purpose is to deliver affordable, high-quality, safe homes with great customer service and long-term stability of tenure for residents. We achieve this through meeting demand from housing developers, housing associations, local authorities, and private developers for long-term investment partners to accelerate the development of socially and economically beneficial affordable housing.

ReSI plc's subsidiary, ReSI Housing Limited, is registered as a for-profit Registered Provider of social housing, and so provides a unique proposition to its housing developer partners, being a long-term private sector landlord within the social housing regulatory environment. As a Registered Provider, ReSI Housing can acquire affordable housing subject to s106 planning restrictions and housing funded by government grant.

About Gresham House and Gresham House Real Estate

Gresham House is a London Stock Exchange quoted specialist alternative asset manager committed to operating responsibly and sustainably, taking the long view in delivering sustainable investment solutions.

Gresham House Real Estate has an unparalleled track record in the affordable housing sector over 20 years, with a 25-strong housing investment team with an average of 17 years' relevant experience.

Gresham House Real Estate offers long term equity investments into UK housing, through listed and unlisted housing investment vehicles, each focused on addressing different areas of the affordable housing problem. Each fund aims to deliver stable and secure inflation-linked returns whilst providing social and environmental benefits to its residents, the local community, and the wider economy.

Further information on ReSI plc is available at www.resi-reit.com , and further information on Gresham House is available at www.greshamhouse.com

¹ The dividend target and total return target are targets only and are not profit forecasts. There can be no assurance that either target will be met, and they should not be taken as an indication of the Company's future results.

² Excluding the finance lease gross up and including £7m of committed acquisitions.

 

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